BTC on Ethereum Hits $150 Million: What It Means For the Surging DeFi Market

2020-7-25 20:04

The number of Wrapped Bitcoin (wBTC) on Ethereum and DeFi protocols surged in recent months, achieving $150 million.

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Tether Prints Fresh $150 Million USDT, Market Cap Up 65% Since Bitcoin Rally Started in Early April

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2019-6-11 19:48


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In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.

2019-5-18 22:14


Billionaire Remains Bitcoin-Drunk Despite Crypto Firm’s Insane $272 Million Loss

By CCN. com: According to a Bloomberg report, billionaire investor Mike Novogratz’s Galaxy Digital Holding Ltd. lost more than $272 million in 2018 amidst an intense crypto bear market. From January to December 2018, the valuation of the crypto market dropped from $813 billion to $113 billion by 86 percent as the bitcoin price crashed from its peak at $20,000 to $3,150.

2019-4-30 22:10


Omise CEO calls acquisition report false; The Block’s Mike Dudas hits back at public denial

Jun Hasegawa, the CEO and Founder of Omise, the payment gateway for South Asian markets denied reports that his company was acquired by Thailand’s Charoen Pokphand Group [CP Group]. A report by The Block stated that CP Group, the largest private company in Thailand, had completed its acquisition of Omise for $150 million, citing “several […] The post Omise CEO calls acquisition report false; The Block’s Mike Dudas hits back at public denial appeared first on AMBCrypto.

2019-3-30 15:00


Korea’s Biggest Actor Invests in Crypto and That’s a Big Deal for Asian Markets

Bae Yong-joon, arguably the most influential and widely recognized actor in South Korea featured in films like Winter Sonata and The Legend, invested in a local crypto startup called Seamon. Importance of a Public Figure Investing in the Crypto Space in South Korea According to Hankyoreh, a mainstream media outlet in South Korea, Seamon is co-founded by the Norway-based Ocean Supreme, the most dominant company in the Japanese Salmon market.

2019-3-13 17:12


QuadrigaCX CEO Widow Demands $225,000, Draws Ire of Investors Who Lost $150 Million

Jennifer Robertson, the widow of Gerald Cotten, the CEO of Canada’s biggest crypto exchange QuadrigaCX, has requested for reimbursement of $225,000 in court fees. Robertson, who initially filed an affidavit with the Supreme Court of Nova Scotia to reveal the death of CEO Gerald Cotten and the loss of over $150 million in crypto and cash by QuadrigaCX, reportedly claimed she had spent $225,000 to secure QuadrigaCX protection from creditors.

2019-3-6 19:41


QuadrigaCX Wallets Found Empty, Mystery of $150 Million Missing Crypto Deepens

The cold wallets of QuadrigaCX, once the largest crypto exchange of Canada, have reportedly been found to be empty. According to Bloomberg, most of the Bitcoin funds from the exchange’s cold wallets were moved out in April 2018, more than 9 months before QuadrigaCX revealed it had lost $150 million in customer funds after its CEO Gerald Cotten passed away with sole control of the company’s wallets.

2019-3-4 13:21


Exit Scam? Mismanagement? Coinbase Digs Into Failed Crypto Exchange QuadrigaCX’s ‘$150 Million Loss’

Brian Armstrong, the CEO of Coinbase, one of the world’s largest crypto exchanges, said that the company conducted internal research on the QuadrigaCX case. QuadrigaCX has been claiming that Gerald Cotten, its CEO, passed away with sole control over its cold wallets containing $150 million in various cryptocurrencies including Bitcoin and Ethereum.

2019-2-23 15:21


$150 Million Scandal of Canada’s Biggest Crypto Exchange Sees New Twist in Dead CEO’s 2014 Interview

The recent scandal of QuadrigaCX in which Canada’s biggest cryptocurrency exchange lost $150 million worth of crypto shocked the financial space. It deteriorated the public image of the cryptocurrency sector overnight as analysts condemned the loss of hundreds of millions of dollars following the alleged death of CEO Gerald Cotten who had sole control over the company’s holdings and user funds.

2019-2-17 15:46


Disney’s Streaming Service Hasn’t Even Launched and it’s Already Hemorrhaging Money

Disney says it’s likely to take a massive $150 million hit to its bottom line as it works to beef up its array of streaming services, including the yet-to-launch Disney+. However, concerns remain that the company may be turning a blind eye to the impact of these losses over the long run as it seeks to supplant Netflix as the digital content king.

2019-2-7 23:29


New Crypto Rumors Arise Around Troubled QuadrigaCX Exchange’s $150 Million Missing Funds

We have heard what happened with the cryptocurrency exchange QuadrigaCX and all the implications that it has for the virtual currency market. The owner of the crypto exchange, Gerald Cotten, died a few weeks ago without leaving information about the private keys related to the cold storage wallet in which the exchange held most of […]

2019-2-6 18:43


Lawyers May Sell QuadrigaCX To Amend $150M Bitcoin (BTC), Crypto Debts

Canadian Crypto Exchange In Crisis The QuadrigaCX saga, nay, imbroglio has only continued for the umpteenth consecutive week. After reports arose that the company owed upwards of $150 million worth of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), along with other leading cryptocurrencies and millions in Canadian dollars, local media claims that the Vancouver, British Columbia-based […] The post Lawyers May Sell QuadrigaCX To Amend $150M Bitcoin (BTC), Crypto Debts appeared first on Ethereum World News.

2019-2-5 21:30